You are 100% correct I really don't know why I even let it get to me as I'm not really that kind of person generally.
And I know we need all sorts for a market to work but it kills me when I see good hard working mum and dads that DO get sucked in.
I'm not saying TA doesn't work it does if you have a sheep cult that follows.
BUT With RAC it is a tightly held stock with very low shares on issue and can easily be manipulated either way with a small amount of shares so TA does not work with a stock like RAC.
You have more chance of getting it right by looking at BUY /SELL orders
I seen earlier on it will retrace and it did and now looks like on the way up again I guess we will have to see how the bots want to close the day.
I won't respond anymore to the TA I have said my bit loud and clear.
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Last
$1.70 |
Change
-0.140(7.61%) |
Mkt cap ! $289.4M |
Open | High | Low | Value | Volume |
$1.88 | $1.89 | $1.70 | $456.4K | 259.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $1.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 8662 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 1.690 |
2 | 6661 | 1.685 |
1 | 727 | 1.680 |
1 | 5970 | 1.675 |
1 | 727 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 8662 | 1 |
1.730 | 943 | 1 |
1.740 | 500 | 1 |
1.745 | 727 | 1 |
1.755 | 727 | 1 |
Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
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RAC (ASX) Chart |